901 Cooke LnNorristownPA19401
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Norristown at 901 Cooke Ln, Norristown, PA, 19401 uses $151,131 cash to close to unlock $4,116/yr annual cash flow and $343/mo monthly cash flow. Total monthly income runs $3,330/mo, and a $2,231/mo payment keeps the spread at $343/mo. Purchase price stands at $455,900, and rental yield measures 8.77% with $3,330/mo rent. Return on cash invested shows 22.63% in year one, and 5% annual appreciation builds toward $125,957 over five years. Five-year ROI reaches 117.91% and total cumulative return in cash records $178,198. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,330/mo property income covering a $2,231/mo payment rather than investor’s personal income.
Single Family
Built in 1957
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 19401, Norristown, PA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 18,024 (100%) |
| Owner Occupied HU | 7,178 (39.8%) |
| Renter Occupied HU | 9,345 (51.8%) |
| Vacant Housing Units | 1,501 ( 8.3%) |
| Median Home Value | $273,045 |
| Average Home Value | $339,389 |
Housing Distribution
Address Breakdown
Residential
16,689
Single Family
13,656
Multi-Family
3,033
Businesses
1,289
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Listed by: Ixmucane Gonzalez • Realty Mark Associates
Mls Name: Bright MLS
Mls ID: #PAMC2165248